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our spending issues and would not incorporate $1 trillion or more of increased taxes which will just simply go to more spending. how could we possibly support a budget with a $16.7 trillion debt that plunges us further into debt, with a staggering increase in debt, and also spending that doesn't reduce spending but simply reduces the rate of growth of spending, which is a step but nothing nearly appropriate to what we are facing. so this budget grows government. let's not make any excuses. it grows government by increasing spending. and it grows government by a massive increase in taxes. just after we've had one a few months ago. and not counting the massive increase in taxes that's going to occur beginning in 2014 with the implementation of obamacare. when we add that up, when we look at the cost of that, we face dire circumstances. and you would think that the budget being offered to us would not increase debt by 42%, but would address the real problem. now, i know there's been a dispute about how much this budget revenue, taxes are increased. some say $1.5 trillion. those that hav
because of that deposit tax component. now, the president is currently meeting with the leaders of the political parties. of course, what he's trying to do is to strong arm and to persuade them into voting for that deal because the other alternative, yes, that is bankruptcy for this country, which has only 1 million people and only makes up 0.2% of the entire eurozone. the debate and the vote on that bailout deal will be kicking off in around four hours from now at 4:00 p.m. local time. thou, a lot of uncertainty as to what the outcome of the vote will be, given that nobody has a clear majority. having said that, there is, of course, the chance that some of the lawmakers who have been wavering could have been appeased by the talk that some of the taxes for the smallest depositors could be lowered. now, "the wall street journal" has reported that those deposits between zero is and 100,000 euros could be taxed at only 3% as opposed to 6.75% previously. now, the middle bracket would be 100,000 to 500,000 euros. that could be taxed at 10% and then anything in excess of half a millio
melissa: welcome. i'm melissa francis. lori: i'm lori i i rothman. voting to delay a tax on the bailout, and now there's reports the finance minister is stepping down. we have reaction with the trading president, the former cypress trade representative to the u.s.. he'll be joining us. >> treasury secretary jack lew meeting with the chinese president on the agenda of growing concerns about china ease role in cyber attacks. melissa: targeting seg represents in new york a week after a judge rejected the ban on large drinks. we get the verdict with the judge andrew going after soda, ear buds, cigarettes, what's next? seriously. lori: only can guess. it is back down to the floor, new hour here on "markets now," and i know cypress is driving action again today. >> it is. we are seeing headlines that the president will be talking with angela merkel, obviously, another development pertaining to what we see in cypress, which then, obviously, really rules the e.u. markets and our markets here at home. yesterday, for example, we lost a lot of money in the global market with all the
a plan for the new budget, including new taxes. how much you ask? reaction from one of the top republican leaders in the house on that dollar figure. martha: how about this? there is a report out there that a hacker is giving out confidential memos on the terror attack in benghazi. how could this have happened when lawmakers and the victims families still do not have any answers in terms of what they have been demanding? big questions this morning. john bolton on that. >> the security in benghazi was a struggle and remain ad struggle throughout my time there. the situation remained uncertain and the reports from some libyans indicated it was getting worse. diplomatic security remained weak. in april there was only one u.s. diplomatic security agent stationed there. ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply bemes consider it solved. emerson. ♪ given way to sleeping. tossing and turning have where sleepless
spending and increases taxes, is what the american people voted for back in november? is that what they voted for? >> do you know there's no one that challenges that america's on the road to recovery. if you think for one minute just saying that you are cutting spending, that doesn't mean that you are cutting savings. it doesn't mean you're not -- more money. >> neil: even under the -- we're cutting the growth. are you saying -- >> you're talking about -- jo congressman, yes or no, do you think cutting spending should be a goal? yes or no. >> should i think cutting -- yes, it's how you cut it, of course. everybody believes in cutting. >> neil: what would you cut? >> there's so much money that's already been cut. if we had the obama law, things were cut there. ryan knows it, because he took out the savings we had in the president's bill. even though he's against the bill, somehow he found it that the cutting of savings. >> you're saying what she wants to do is fine with you, even though it effectively calls for more spending, more taxing, and doesn't address these issues? >> i don't
of constants. lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and writing a budget he kept all those cuts and added new ones and had more added into this is program. the real shock in recent weeks or real frustration trying to covers the budget debates. republicans cover five issues, they want to cut the budget deficits and cut defense spending and simplify the tax code and lower tax rates. in a deal with president obama they could get the first four, more deficit reduction, protect defense, the democratic president would get some cover in cutting medicare and social security and they could simplify the tax code by taking out expenditures. they are n
and meaningful steps to reduce tensions. >> taxing more, borrowing more, and spending more is not a path to prosperity. >> republican budget is same baby with a new diaper. >> the republicans are just totally bamboozled. >> we do not have an immediate debt crisis. >> we do have an immediate problem. >> they think they got landslided and they didn't. >> more than half of our members have never dealt with the issue of immigration reform. >>> we start today with all eyes on one of the most volatile regions of the world. as the president prepares to fly to israel just a few short hours from now. and while the president and prime minister netanyahu already have a congested agenda, ranging from the arab spring, to the israeli/palestinian conflict, there was yet another disturbing development today in syria when both the rebels and forces loyal to president assad accused each other of firing chemical weapons that syrian state tv has said killed at least 25 people in the north of the country. the white house sounded a skeptical note but warned against any further escalation of violence. >> on th
, in the ryan budget takes the taxes and repealing obamacare. what is happening is the complete integrity of our financial system is being called into question. we have the fed printing day and night to provide the monetary support for these fiscal policies, and to hear republicans say, the speaker of the house say, this is not an immediate debt crisis. what the hell does one look like? >> neil: makes you examine, were they trying to say -- calm people down into thinking we're not going to followed like this hour or this day. but by saying not immediate, and agreeing with the president, they give him a negotiating edge. the president says this isn't really like a right-now threat. up to now they've been saying this is a right-now threat. >> i don't think boehner believes it is. i think he has been around a long time. the think he has participated in this for a long time. i don't think he would use this as a crisis, and it is a crisis. paul ryan was on my program over a year ago, and he said we have two years. well, that's over a year ago, so i guess we have about ten months, and i'm surprised at
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> well, a judge may have ruled against his big soda ban, but new york city mayor michael bloomberg is at it again. the target this time, cigarettes. if the mayor has his way, stores in the city may no longer be able to publicly display tobacco products and instead keep them under the counter or behind curtains. the proposed legislation is the latest crackdown by bloomberg who successfully banned smoking in new york city restaurants and bars in 2003 and has since taken on not just the sugary drinks, but salt, trans fat and even baby formula. so, mary, the
are calling for changes to the law including a medical device tax which a lot of democrats includie ining al franken want eradicated. congress will have to tweak the law but that's going to be very difficult because parties just don't generally agree on this law. >> the health and human services department which was involved to a certain extent was hit with sequester cuts. could that impact the viability of this new health care plan for america? >> i think the administration's going to put all the resources it can, because it is just so important to the white house, that they are going to put all their manpower. other programs within hhs would have to suffer. some republicans voted against the bill that would have averted a government shutdown because it does fund the implementation of obama care. >> interesting. big decisions that have to be made along the way. so it's not done until it's done. thanks so much, bob. happy sunday. >>> an extreme weather alert for you. it is supposed to be spring almost. well, guess what? big snowstorm moving across the country. that storm yesterday forced the
for 1 trillion in tax increases over the next decade. elizabeth plan will break it down at the bottom of the hour. president obama wrapping up four day tour in the middle east. before leaving israel the president managed to broker a an apology from netanyahu to the british prime minister over commando raid turkish ship that killed 8. he admitted mistakes were made in 2010 as forces were nato embargo. >> can i tell you about this meteor? >> i love that i was up up all night tracking this. this was the meteor they were talking about if you live along the east coast. it's all anybody is talking about. video of reportedly a meteor over a home in maryland from north carolina all the way up to maine. hundreds of people reported official across the sky. claims to captured the security video too. nasa experts says the space rock was probably the size of a softball or volleyball. they are not sure what size ball it was. perhaps a basketball. it burned up in the atmosphere though. >> alisyn: thank goodness. thank you for monitoring that. please call me immediately if you see it heading towards
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in this country. i just saw the statistics, something like 70%. and here in california, i'm just going to say, liberals, you could actually lose me. it's outrageous what we're paying. over -- i'm willing to pay my share, but yeah, it's ridiculous. >> and not only that -- >> wow. >> people like bill maher pay 55% in california, people in new york pay over 50%. in new jersey, why is a republican sitting at 70% plus appro
of the little things we saw like a vote yesterday in the senate to repeal the medical device tax in obama care, not going to be binding. so even though they took dozens and dozens, they considered more than a hundred amendments in the last 24 hours, none of those will have effect. t was mostly symbolic. host: we go to james. caller: everybody is complaining about government shutdown and all the situations we are dealing with. i want to ask the question why isn't anybody going back to the root of this situation when we got into this with president bush with illegal war. now president obama is bringing the soldiers back and the war is over. where are the funds from that to be utilized back into society and all the oil we got from you is dam hugh sane. why isn't going back to the fact the reason we got into this is what happened with bush and his administration and obama had to pull us out of that. nobody was complaining about hutdown and all these problems that happened. host: we'll leave it there. guest: republicans were hitting deficit spending that the budget that the cr isn't addressing the
and the rest of it. >> paul: you don't object to the government taxing, so-called syntaxiin taxing, say he we want to defer the use of that? >> this is a real problem, it's a vision of government which is supposed to lead citizens to virtue. that's very different. that's not the constitutional vision. we have a free society in which people make choices and then accept the consequenceses of those choices. i would add, by the way, i can think of few measures designed to make cigarettes popular again among young people than to put them behind counters and make them seem elicit and cooler than they ought to be. >> this isn't just mike bloomberg's obsession. it's huge in public policy, how would you want to look at behavior of people, seat belt laws and singapore has a mandatory savings program, we do not. another big example, the board that barack obama set up in the middle of obamacare, the 15 people who in medicare will decide which medical practices work and which ones don't and the whole medical community will be asked to comply with this. the bigger question and that board is is an example,
states, and they now get taxed more because they're taxed as single people when the estate tax is looked at. one of them died. now, the supreme court can do a number of things here. number one, they could just say, listen, if you enact gay marriage, it's illegal to ban it. that would only affect a very lifted number of states. but they also could hit it in a much bigger way. they could say gay marriage is protected as a privacy right under the u.s. constitution. and they could issue a sweeping decision legalizing gay marriage throughout the united states. now, most constitutional scholars don't think they'll go that far, but you know something, they could if they wanted to. >> but right now, you know, these cases are diametrically opposed. you have one talking about state law and the other talking about the federal reach. will one supersede the other? meaning, you know, if the federal law is reversed and there is a recognition of marriages of same-sex couples, then no matter what, states would have to recognize that, right? >> not necessarily. the federal law, and that's the second case
the principles we have we need to be more eck policity with and instead of saying we want revenue neutral tax reform i think we need to stand up and say we want to leave more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call four plan for creating a legal status, not citizenship but a legal status for the 11 million folks who are already here illegal immigrants already here but taking fire from the right because you oppose the e verify is system which would make it easier for employers to check whether workers are in fact legal or illegal. why would you oppose that? >> that is not the main part of my plan. the main part of the plan is trust but verify. says we have to have border security. conservatives wanted border security before we had immigr
revenue-neutral tax reform we want to say, we want to leave more money in the economy and reduce taxes. when ronald reagan did it we had 7% growth in one year and that is the bold leadership we need but it's not a new principle. we don't have to reinvent ourselves in that way but we have to stand on principle and unless you stand for something people are not motivated to vote for you. >> chris: let's talk about what you stand about, immigration. you came out with your ideas for a comprehensive plan this week and since then you are taking fire from both the right and the left. you call your plan for creating a legal status. not citizenship, but a legal status, for the 11 million folks who are already here, illegal immigrants who are here but taking fire from the right because you oppose the e-verify system which would make it easier for employers to check whether their workers are in fact legal or illegal. why would you oppose that? >> that's not the main part of my plan. the main part is trust but verify, we have to have border security and conservatives always wanted border security b
propo proposes. while paul ryan drops the tax rate to 25%, rand paul calls for a 17% flat tax. both plans eliminate the tax on capital gains. and when it comes to shrinking the government, paul's budget follows in the footsteps of his father. >> the department of education, gone. interior, energy, hud, commerce, gone. that's how ron paul rolls. >> rand closes four cabinet agencies, education, energy, commerce, and housing and urban development. and it privatizes the tsa. but where paul ryan has thus far been reluctant, rand paul goes there. rand paul raises the social security retirement age, privatizes medicare, and turns medicaid, food stamps, and other social safety net programs into block grants. but not everything is mana for the right flank. rand paul also spends $500 billion less on the military than paul ryan, in order to, as he put it, keep the large military complex of yesterday in check. fox news sunday host chris wallace asked the scion of the paul dynasty about his bipolar approach. >> do you think there's room for a realistic, feasible presidential candidate who's to t
.d.p. which is what they're now perhaps going to get. by taxing depositors, they actually have the ability to also tax nonresidents, as we saw in your clip just now. there's a lot of british there but there are even more russian depositors so in that sense you actually end up having the ability to bring in tax revenue from non-cyprusians. that's a big advantage for the government of cyprus because this is money that otherwise they would have had to raise by cutting pensions or other types of austerity measures. >> woodruff: the russians and others stand to be hurt pretty badly by this. >> basically that's part of the strategy or the intent of both the euro area, the i.m.f. and the cyprusian government. >> woodruff: but the signal that sends, i mean, what's the message it sends to the rest of europe? i mean, how worried should they be that what's going on in cyprus and we don't know how this is going to play out because the banks are closed for the next few days. how worried should the rest of the banks in europe be? >> i don't think there's an immediate risk of sort of contagious bank run
. thank god. >> irs. >> jesus loves tax collectors. that is why he accepted the hospitality of tax collectors. they called them publicans. >> if only the border patrol were as feared and effective. >> hispanic america. >> winnable. >> democrats, and gracias. >> chinese cyber attacks. >> democrats, and gracias. >> chinese cyber attacks. >> how can people be so stupid and not know why there are 6000 dead pigs floating through their river? how does that work? >> i would say more threatening than anything happening in the middle east. sorry. >> putin. >> evil, yet hilarious. [laughter] >> bush called him pooty poot. which is embarrassing. he is evil, but -- you have not seen the pictures. >> nra. >> does not represent most gun owners like me who are for president's obama's gun regulations. you have to deal with the reality. >> the only organization working to protect the constitutional right that "the new york times" hates. >> sequester. >> y2k of politics. it came and went, and no one noticed. >> it hasn't gone, and it is so incredibly dumb and it will hurt this country. a totally sel
in the unlikely, deep blue state of washington. talkingt door-to-door, about taxes and other items, and they flip them to a fiscally responsible majority, is. -- and they flipped them. the torch of liberty, the constitution in our country, will they perish or last? if we stand and speak for our principles, if we show americans our vision for the future, if we fight for freedom, our country will last. [applause] glasses with a powerful elite? the face ofnk in opposition? or will you stand boldly on principle? patriots, stand with us and fight for freedom, fight for our constitution, fight with us for the rights endowed by our creator, life, liberty, and the pursuit of happiness, fight for a better future, like ronald reagan did, like. paul, michele bachmann, scott walker. tea party patriots around this country do it every day. when you stand and fight, we will stand with you. when they fight on capitol hill, together, we will have their back. we will stand and fight for those who fight for us. fight for freedom. fight for a better future. fight. thank you so much. god bless you. god bless america.
union leaders called for a tax on savings accounts, prompting a drop in global stocks. >. it's outright theft. >> woodruff: jeffrey brown kicks off a week of stories about the middle east, starting with israel's new governing coalition sworn into office today. >> ifill: paul solman reports on older workers in academic institutions, professors in the classroom long past age 65. >> am i keeping track of jobs? yes. that's okay. as long as i'm a good teacher, that's what's important. >> woodruff: and we examine the republican national committee's call for a new direction for the g.o.p., a road map hoping for a rebound in 2016 and beyond. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation
years. while cutting taxes every year. i have dedicated much of my adult life to revolutionize our schools so that school serves children and parents. you must know this, all of our successes at the state level, and all of the work being done in the private sector can be undone if we continue to lose presidential elections. we will forfeit our ability to chart a better future for our republic. this would be tragic in every sense of the world. as you know, sam is the former ceo of ibm. probably the best ceo in america in the last decade. sam is also a fantastic human being. he's easy to talk to, but he is also a visionary and a true leader. he told me an amazing story. withs deeply involved assembling the team that created watson, a supercomputer that can understand natural language with all the ambiguities associated with human speech. watson can read through more than 200 pages of text to find an answer in less than three seconds. what you do when you have this kind of amazing capability at your fingertips? do you know what watson is doing today? it is saving lives. it is being us
a tax hike, that drove us far into the red. but other numbers are more horrifying, roughly 800 americans lost limbs, many tens of thousands of more are fighting ptsd, dealing with traumatic brain injury, and the iraqis are still suffering. the wave of bombings in iraq marked the tenth anniversary. dozens died. this was last week, a bloody reminder of the human cost since march 19, 2003, when the first u.s. bombs fell. in the wake of 9/11, president bush and secretary of state colin powell made the case that saddam hussein was set to use weapons of mass destruction. the u.s. invasion was easy, but the mission was not accomplished by that may, even though some insist today u.s. forces did succeed. war planner douglas fife. >> saddam was in fact an extremely dangerous guy. >> martin dempsey. >> today we have in iraq a partner, not an adversary. >> reporter: but 2003 to 2008 was a nightmare of roadside bombs and civil war. a hard lesson. >> we went into iraq without a real plan for how to stabilize the place afterwards. >> reporter: 100,000 iraqis died. nearly 4500 americans lost their lives
. >> are you supposed to pay this tax, and people -- people don't do it. i think last year in missouri we had about 300 people pay the tax in the entire state. >> basically, it will say all states have to have sales tax. forget your income tax. and beyond that, it will be the same rate. >> not everyone is on the same page, senators from both parties also argued against the internet sales tax. >>> a canadian highway has reopened after a massive pileup, injuring 100 people. the mile long accident happened on a highway near edmonton during a spring snowstorm. several stranned passengers were helped. >>> a teenage girl hiding inches away from three burglars robbing her home. she was on the phone with 911, and the operator could even hear the burglars. cnn's miguel marquez has more. >> reporter: this young woman was home alone when three burglars broke in. >> i so was scared. i could see them. >> reporter: the quick thinking 15-year-old grab as a phone and called 911. >> please hurry. >> we have a helicopter on the way too. >> reporter: she hid behind clothes in her robber's closet. the robbers so
exit from the euro. the rescue package scraps a controversial plan to put a tax on private bank deposits. but a top european official says europe may need help paying the bills. >> the euro area member-states are committed to assist cyprus in its adjustment process and have reaffirmed that the size of the financial assistance will amount to 10 billion euro. we would obviously welcome a contribution by the imf. heather: so, question is, who wins, who loses in this deal? stuart varney is the host of "varney & company" on the fox business network and he is here to answer that question for us. so who wins, who loses? >> heather, let's start with the oozers. the russian mob, number one. losers big-time. they will confiscate 30% or more of those depositers and money in the bank if they have got more than 100,000 euros. a lot of those people are russian. they will lose big-time. secondly, the cypriot people, they lose. the island is already in chaos and they face an economic depression. there are some forecasts that cyprus will lose 20% of its economy. that is a depression. so those tw
tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try to sell one of the bad banks. and the fact of the matter is if the bad bank were sellable, people like chris flowers and wilbur ross and tim collins would have been here a long time trying to buy it. they said maybe we'll split it up, divide it into the good bank and bad bank. we'll sell the good bank to the russians and the troika said selling the good bank is the easy part. what are you going to do with the bad bank? none of that is going to work. you will hear more about what the hopes are for russia from steve in
to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for the update. 7 07 we will be back with more in a couple of minutes. a live look outside as we wait for the weather is a change. if we're looking at storm had our way. will have more on the timing in a co
of the big ones, they can't be seen as the party of no. it stands for taxed enough already. we understand we want to draw a line in sand and not tax anything else. at some point you have to be for something and some point have to get people on your side to your mission and vision and move legislation. you can't just be sitting up there pounding your fist, saying no and pointing to constitution. while i love and respect the constitution, you have to use the that to bring people on to your side, not turn people off. that's an issue. as far as rand paul's concerned, look, libertarian as though he may be, he's got some issues and stances that could bring some people on to the conservative libertarianism. i don't know what that is, either, by the way, goldie. he could bring people to that side. goldie also pointed out there are big issues he has about civil rights and things like that that are nonstarters that no one brought up in the last few weeks since his filibuster. >> so, angela, republicans have talked a lot about how they can do better among women voters. senator ted cruz recently did a l
. >>> all right we start tonight in cyprus. the parliament rejected the tax on bank deposits, potentially killing the bailout but russia is floating another option, gazprom, which is russia's state-owned oil company, is reportedly offering exploration rights to the island's rich natural gas fields. here to break it down the former im fsec tiff board member and current visiting fellow at the peterson institute for international economics. doug, welcome to the show. >> thanks. melissa: is there a danger to letting russia really get its hooks in cyprus like that? should we be worried about that? >> absolutely. i mean russia already has its hooks, as you put it, in cyprus because the cypriot economy is largely based, if not almost exclusively based on its status as an offshore banking haven and that has been largely at the behest of russian money. now that's an overstatement to some degree but the russians play inordinant influenced role in the cypriot economy. the question i think you're asking is, do we let them take it one step further and whether it is through gazprom or other means of ru
. the victory over the turks meant that money was now available for grand enterprises. the monks' taxes paid for buildings rather than for weapons. these abbeys were meant to serve not only as religious communities, but also as hospices for the emperor. saint florian's abbey, begun in 1689, is the work of an italian and an austrian-- carlo carlone and jakob prandtauer. in true baroque fashion, the new abbey was a stage upon which royal ritual could be played out by the visiting emperor. paradoxically, the stage usually lacked its leading actor, for the emperor himself rarely visited any of the abbeys. but it didn't matter. the object was not imperial housing. it was to make a political point, to bear witness to the unity of christianity and empire. here we're dealing not with the glorification of an individual emperor, but with the need to assert the divine right to rule of an institution, the hapsburg empire. newly victorious over the turks, the austrians believed themselves to be the saviors of christian europe. they proclaimed their triumph in their art and in their architecture. the karl
budget plan reduces the deficit without raising taxes. >> the republican plan is the same baby with a new diaper. >> we know tt until recentl president obama and israeli prime minister netanyahu enjoyed what can be politely described as a somewhat strained relationship. on april 7 of last year, the "new york times" reported benjamin netanyahu and mitt romney enjoyed a warm relationship. almost one year later, the israelis have given obama a medal. they appear to be on the same page on iran. >> diplomacy and sanctions have not stopped iran's nuclear programs. diplomacy and sanctions must be augmented by a clear and credible threat of military action. >> we will do what is necessary to prevent iran from getting the world's worst weapons. >> will this story have a happy ending? >> this story will not have a happy ending. what we saw this week was barack obama at his best, connecting with an audience, and he made a compelling case for the need for a two-state solution, the security of israel and the well- being of the region. >> charles? >> the emphasis has been on personality. what happened
-funded university, the university of tennessee was going to spend money, tax money on student sex week. all hell is breaking loose. and then, talking about hell, what about satan? he is in the news because of the obama bible mini series controversy. we will talk with two theologians about the theologians about the deviviviviviviúúúúúúúúúúúúúúúúú c'mon0manp just do it,quick.ú no one's watchingp you0have to if you want to hang with0us ♪musicú the other one tooú good job >> bill: impact segment tonight. big controversy at the university of tennessee beginning on april 5th. there will be a sex week for students there the university had committed about $11,000 in taxpayer funds to that exposition. some lawmakers in nashville heard about that. they threatened to cut off all funding for the university of tennessee, knoxville. so the university backed down, saying it will now spend only $6,700 in student funds for sex week. joining us from knoxville, two co-chairs of sex week. jacob clark a jr. and briana raider also a junior of the university of ms. raider do you understand so
slash $4.6 trillion over ten years without raising taxes. now senator patty murray will work with congressman paul ryan to try and bridge the gap between the two radically different proposals. mark, i think it would have been a public service to the american public to actually point out some of the amendments that they raised in this marathon session they had over in the senate over the weekend. >> from the sublime to the ridiculous. >> oh, my god. >> but they have a senate budget now and a house budget and i think most people think we are going to plod through this year and not have a big deal unless the president somehow comes back and reengages but a pretty big difference starting with the senate bill has lots of new revenue in it. >> give me an idea. give me an idea of the previews of coming traattractions. >> you have patty murray with her budget and paul ryan with his budget on the other side of the table. >> let's say i think they are far apart which i'm dubious as to where these negotiations will go and it comes back to what we were talking about earlier. where is the
. spending is out of control, just in time for tax season too. the irs made headlines, this time, getting blasted for a dwen training video parodying "star trek." look at this. >> there's money laundering, bribery, running rampant in the street. sir, they are exchanging the lowest coin currency for paper bills. >> you don't mean -- >> that's right, sir, pennys on the dollar. gerri: are they serious? 60,000 of your taxpayer dollars funded that video. this, of course, weeks after another government agency, this time, the usda had a video teaching college kids how to use a microwave. since the sequester, washington agentedded like a 2-year-old throwing temper tantrums making big spectacle cuts. looking like stopping the federal government from spending money is harder than keeping the snow from falling. cut out the spending on junk. that's my two cents more. that's all for tonight's "wig liz report," and thank you for watching. if you can't catch us live, don't forget to dvr the show. have a great night. ♪ lou: the tie any island nation of cypress is safe for now. the last effort to bail o
the house republican, paul ryan, budget plan. >> hand out more budget-busting tax breaks for the wealthy, and to pay for these wasteful tax breaks, ld -- it would end medicare guarantee, it would raise tax on middle class families. to appease the tea party, the ryan republican budget would risk recovery, and that's just a price too high. >> reporter: needless to say, republicans disagree. they believe that their budget which ultimately, they say, would balance, would provide more opportunity and more jobs for the american people, jon. jon: obviously, both sides trying to get their points out. what are the republicans saying about these budgetary matters? >> reporter: they're going after the budget that was proposed by senate budget chair patty murray. they say it increases spending, increases the debt, never balances and raises taxes. senate republican leader mitch mcconnell a few moments ago called it extreme. >> a party that once cared about hard working american families seems of to have gone off the leftmost edge of the reservation with this budget. d.c. democrats' priorities are jus
monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> there are growing questions about a possible government coverup as we hear claims of the american survivors of the attack in benghazi, libya, they're being told by the feds keep quiet. investigators believe at least 33 people were rescued during that attack. but the public has yet to hear from any of them as senator lindsey graham believes why their stories are so critical. >> i've had contact with some of the survivors, their story is chilling. they feel afraid to tell it as they come forth and tell the story, the best evidence of benghazi, there's not the a bunch of politicians not trying to cover their political (bleep) these are people living through the debacle. i'm trying to get them before the american congress and people in an appropriate fashion so they can learn firsthand what happened in benghazi. >> are the survivors back on the job. >> some are back working for the government and some are
one company that doesn't think so. >> looking forward to your tax refund? so are identity thieves. they can steal your refund. happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> your identity needs protection. no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> now, remember when rudy giuliani was marco rubio? remember when he was the savior of the republican party? remember when he was going to be swept into the presidency in 2008 by linking every single campaign issue to 9/11? that was actually the same year that fred thompson was briefly the savior of the republican party, until he opened his mouth in a presidential debate, and without that reverse mortgage teleprompter was as slow and lifeless as a potential party savior has ever been. it is very unlikely that republican presidential loser mitt romney will ever find himself in position that his finances are so tight that he has to go pitch reverse mortgage
of tennessee was going to spend money, tax money on student sex week. all hell is breaking loose. and then, talking about hell, what about satan? he is in the news because of the obama bible mini series controversy. we will talk with two theologians about the theologians about the devivivivivi look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine
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